Page 137 - Layoffs News Today

The company also plans to reduce the share of expenditure on research and development in the sector to 9% by 2028, it added, although absolute expenditure will increase in line with sales growth. Continental had warned last November that it would cut thousands of jobs in its automotive division worldwide as part of a plan to save 400 million euros (USD 428.32 million) a year from 2025.

If you suspect layoffs are looming at your company, there are several things you should be doing to soften the blow and ease your transition to a new job.

Cisco revealed plans to slash its headcount by 5% on Wednesday, which will affect roughly 4,250 employees across the tech behemoth's global workforce.

Spokesperson says cuts were made in "some parts of the business"

Cisco Systems plans to cut 4000 employees of its global workforce in restructuring amidst various tech layoffs.

Amid widespread layoffs in the technology and startups sectors, outplacement firms are experiencing a surge in demand as companies seek assistance in helping laid-off employees find new employment. Companies across various industries, including technology, IT, ecommerce, and BFSI, are engaging outplacement providers such as ABC Consultants, Persolkelly Consulting, Randstad RiseSmart, LHH, and Right Management to aid affected employees

"Discover the impact of inflation on the orthopedic industry in 2024, as three major companies lay off employees and surgeons face challenges in a tough economy

The Fountain Hills High School boys basketball team lost 56-44 at home in the first round of playoffs on Wednesday, Feb. 14. The No. 12 Falcons (13-5) drew a familiar region opponent in the …

Yikes, we certainly hope the layoffs aren't coming for folks at these firms....

District officials released additional details of the staff cuts on Thursday.